Perpetual Limited — Major Shareholding Notification 2003

Jul 15, 2003

Form 603

Corporations Law Section 671B

Notice of initial substantial holder

To Company Name/Scheme REBEL SPORT LIMITED

ACN/ARSN 003 283 823

1.Details of substantial holder (1)
Name	PERPETUAL TRUSTEES AUSTRALIA LIMITED
ACN (if applicable)	000 431 827

The holder became a substantial holder on $-14$ / 07 / 2003

2. Details of voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

Class of securities (4)	Number of securities	Persons' votes (5)	Voting power (6)
Ordinary	3,858,369	3,858,369	5.10 %

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
Refer annexure1 & 2

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph above are as follows:

Holder of relevant interest	Registered holder ofsecurities	Persons entitled to beregistered as holder (8)	Class and number ofsecurities
Refer annexure 1

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant interest	Date of acquisition	Consideration (9)		Class and number ofsecurities
Refer annexure 3		Cash	Non - Cash

Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN (if applicable)	Nature of association
Refer to Annexure 1 & 2

6. Addresses

The addresses of persons named in this form are as follows:

Name	Address
Refer to Annexure 1

Signature

Print name DAVID RICHARDS

Capacity COMPANY SECRETARY

Perpetual Investments Account Codes & Details

INTERNAL CODE	ACCOUNT DETAILS	REGISTRATION DETAILS
PMISF1	RBC Global Services Australia Nominees PtyLimited ACF: Perpetual's Industrial Share FundAccount Code: PMISF1 Level 19 / 1Castlereagh Street Sydney NSW 200	RBC Global Services Australia NomineesPty Limited GPO Box5430 Sydney NSW 2000
PMISF2	RBC Global Services Australia Nominees PtyLimited ACF: Perpetual's Industrial Share FundAccount Code: PMISF2 Level 19 / 1Castlereagh Street Sydney NSW 200	RBC Global Services Australia NomineesPty Limited GPO Box5430 Sydney NSW 2000
PMISFJ	RBC Global Services Australia Nominees PtyLimited ACF: Perpetual's Industrial Share FundAccount Code: PMISFJ Level 19 / 1Castlereagh Street Sydney NSW 200	RBC Global Services Australia NomineesPty Limited GPO Box5430 Sydney NSW 2000
NSWTC	Cogent Nominees Pty Ltd ACF NSW TreasuryCorporation. Account Code: HGFPTERBC Global Services Australia Nominees PtyLimited, Level 19 / 1 Castlereagh Street SydneyNSW 2000	Cogent Nominees Pty Limited P.O. BoxR209, Royal Exchange, Sydney NSW1225
ARF	JP Morgan Chase Nominees LtdACF.Australian Retirement Fund. Account Code: ARFRBC Global Services Australia Nominees PtyLimited, Level 19 / 1 Castlereagh Street SydneyNSW 2000	JP Morgan Chase Nominees LockedBag 7, Royal Exchange Sydney NSW2000
SMF	Permanent Trustee Australia LtdACF:SMF Funds Management <smf 0013=""> AccountCode: SMF RBC Global Services Australia PtyLimited, Level 19 / 1 Castlereagh Street SydneyNSW 2000	Permanent Trustee Australia Ltd<smf 0013=""> GPO Box 4270 SydneyNSW 2000
GSF	RBC Global Services Australia Nominees PtyLimited. ACF: Perpetual Australia Share Fund.Account Code: ASF / GSF Level 19 / 1Castlereagh Street Sydney NSW 2000	RBC Global Services Australia NomineesPty Limited GPO Box5430 Sydney NSW 2000
PMBHP	JP Morgan Chase Nominees LtdACF: BHP Superannuation Fund. AccountRBC Global ServicesCode: PMBHPAustralia Nominees Pty Limited. Level 19 / 1Castlereagh Street Sydney NSW 2000	JP Morgan Chase Nominees LockedBag 7, Royal Exchange Sydney NSW2000
PMSCA	RBC Global Services Australia Nominees PtyATF: Perpetual's Smaller CompaniesLimitedAnalyst Fund Account Code: PMSCA. Level 19/ 1 Castlereagh Street Sydney NSW 2000	RBC Global Services Australia NomineesPty Limited GPO Box5430 Sydney NSW 2000
PMCBUS	National Nominees Ltd ACF: Construction &Building Union Superannuation Fund AccountCode: PMCBUS RBC Global Services AustraliaNominees Pty Limited. Level 19 / 1 CastlereaghStreet Sydney NSW 200	National Australia Custodian Services5th Floor South, 271 Collins StreetMelbourne VIC 3000
PPSF	RBC Global Services Australia Nominees PtyLimited ATF: Perpetual Property SecuritiesFund Account Code: PPSF. Level 19 / 1Castlereagh Street Sydney NSW 2000	RBC Global Services Australia NomineesPty Limited GPO Box5430 Sydney NSW 2000

SASFIT	JP Morgan Chase Nominees LtdACF: South Australia Superanuuation FundAccount Code: SASFIT RBC Global ServicesAustralia Nominees Pty Limited. Level 19 / 1Castlereagh Street Sydney NSW 2000	JP Morgan Chase Nominees LockedBag 7 Royal Exchange Sydney NSW2000
ICIS	RBC Global Australia Nominees Pty LimitedACF: Perpetual Investor Choice Industrial AssetGroup Account Code: ICIS. Level 19 / 1Castlereagh Street Sydney NSW 2000	RBC Global Services Australia NomineesPty Limited GPO Box5430 Sydney NSW 2000
ICAS	RBC Global Services Australia Nominess PtyLimited. ACF: Perpetual Investor ChoiceAustralian Asset Group. Account Code: ICASLevel 19 / 1 Castlereagh Street Sydney NSW2000	RBC Global Services Australia NomineesPty Limited GPO Box 5430Sydney NSW 2000
ICSC	RBC Global Services Australia Nominees PtyLimited. ACF: Perpetual Investor ChoiceSmaller Asset Group Account Code: ICSC.Level 19 / 1 Castlereagh Street Sydney NSW2000	RBC Global Services Australia NomineesPty Limited GPO Box 5430Sydney NSW 2000
PMHOST	JP Morgan Chase Nominees LimitedACF: Host - Plus Pty Ltd Accoutn Code:PMHOST RBC Global Services AustraliaNominees Pty Limited, Level 19 / 1 CastlereaghStreet Sydney NSW 2000	JP Morgan Chase Nominees LockedBag 7, Royal Exchange Sydney NSW2000
PMCARE	National Nominees Limited.ACF: Care Super FundAccount Code: PMCARERBC Global Services Australia Nominees PtyLimited. Level 19, 1 Castlereagh Street, SydneyNSW 2000	National Australia Custodian Services5th Floor South, 271 Collins StreetMelbourne VIC 3000
PMPSS	ACF:JP Morgan Chase Nominees LimitedPSS Board & Total Risk ManagementAccount Code: PMPSSRBC Global Services Australia Nominees PtyLimited, Level 19, 1 Castlereagh Street, SydneyNSW 2000	JP Morgan Chase Nominees LockedBag 7, Royal Exchange Sydney NSW2000
PMMLC2	Westpac Custodian NomineesACF:MLC Statutory Fund No.2AccountCode: PMMLC2RBC GlobalServices Australia Nominees Pty Limited, Level19, 1 Castlereagh Street, Sydney NSW 2000	Westpac Custodian NomineesState Street Fund Q7M6Level 9, 50 Pitt StreetSydney NSW 2000
PMMLC3	Westpac Custodian NomineesACF:MLC Statutory Fund No.3AccountCode: PMMLC3RBC GlobalServices Australia Nominees Pty Limited, Level19, 1 Castlereagh Street, Sydney NSW 2000	Westpac Custodian NomineesState Street Fund Q7K4Level 9, 50 Pitt StreetSydney NSW 2000
PMMLC4	ACF:Westpac Custodian NomineesMLC Statutory Fund No.4AccountCode: PMMLC4RBC GlobalServices Australia Nominees Pty Limited, Level19, 1 Castlereagh Street, Sydney NSW 2000	Westpac Custodian NomineesState Street Fund Q7MDLevel 9, 50 Pitt StreetSydney NSW 2000
PMMLCI	ACF:Westpac Custodian NomineesMLC MasterkeyAccount Code:PMMLCIRBC GlobalServices Australia Nominees Pty Limited, Level19, 1 Castlereagh Street, Sydney NSW 2000	Westpac Custodian NomineesState Street Fund Q7MHLevel 9, 50 Pitt StreetSydney NSW 2000

PMMLCL	ACF:Westpac Custodian NomineesMLC Lifetime FundAccount Code:PMMLCLRBC GlobalServices Australia Nominees Pty Limited, Level19, 1 Castlereagh Street, Sydney NSW 2000	Westpac Custodian NomineesState Street Fund Q7K9Level 9, 50 Pitt StreetSydney NSW 2000
PMMLCP	ACF:Westpac Custodian NomineesMLCI Pool - Perpetual Australian Share TrustAccount Code: PMMLCPRBC Global Services Australia Nominees PtyLimited, Level 19, 1 Castlereagh Street, SydneyNSW 2000	Westpac Custodian NomineesState Street Fund Q7L5Level9, 50 Pitt StreetSydneyNSW 2000
PMCSS	ACF:JP Morgan Chase Nominees LimitedCSS Board & Total Risk ManagementAccount Code: PMCSSRBC Global Services Australia Nominees PtyLimited, Level 19, 1 Castlereagh Street, SydneyNSW 2000	JP Morgan Chase Nominees LockedBag 7, Royal Exchange Sydney NSW2000
ICPS	RBC Global Services Australia Nominees PtyLimited, ACF: Perpetual Investor ChoiceProperty Securities Asset Group. Account Code:ICPS. Level 19 / 1 Castlereagh Street SydneyNSW 2000	RBC Global Services Australia NomineesPty Limited. GPO Box 5430 Sydney NSW2000
NFMGT	National Nominees Limited ACF: NationalFinancial Management Account Code:NU/NUPPAE RBC Global Services AustraliaNominees Pty Limited, Level 19 / 1 CastlereaghStreet Syndey NSW 2000	National Australia Custodian Services5th Floor South 271 Collins StreetMelbourne VIC 3000
PMONE	National Nominees Limited ACF: OneSteelSuerannuation FundAccount Code:PMONE, RBC Global Services AustraliaNominees Pty Limited Level 19 / 1 CastlereaghStreet Sydney NSW 2000	National Australia Custodian ServicesOneSteel Superannuation FundOSPEAE / 6571-17 5th Floor South271 Collins Street Melbourne VIC 3000
PCEF	RBC Global Services Australia Nominees PtyLimited, Account Code: PCEF Level 19 / 1Castlereagh Street Sydney NSW 2000	RBC Global Services Australia NomineesPty Limited GPO Box5430 Sydney NSW 2000
QITE2	RBC Global Services Australia Nominees PtvLimited AFT: Quantitative Investments TE 2Equity Fund. Account Code: QITE2Level 19 / 1 Castlereagh Street Sydney NSW2000	RBC Global Services Australia NomineesPty Limited GPO Box5430 Sydney NSW 2000
PMFSAS	JP Morgan Chase Nominees LimtiedACF: Funds SA Small Co PortfolioAccount Code: PMFSAS RBC Global ServicesAustralia Nominees Pty Limited Level 19 / 1Castlereagh Street Sydney NSW 2000	JP Morgan Chase Nominees LockedBag 7, Royal Exchange Sydney NSW2000
PMSTA	National Nominees Limited ACF: Super Trust ofAustralia Account Code: PMSTA. RBC GlobalServices Australia Nominees Pty LimitedLevel 19 / 1 Castlereagh Street Sydney NSW2000	National Australia Custodian Services5th Floor South 271 Collins StreetMelbourne VIC 3000
PMWSCM	RBC Global Australia Nominees Pty LimitedACF: Perpetual Wholesale Smaller Co FundAccount Code: PWSCF. Level 19 / 1Castlereagh Street Sydney NSW 2000	RBC Global Services Australia NomineesPty Limited GPO Box5430 Sydney NSW 2000

PMWSCS	RBC Global Australia Nominees Pty LimitedACF: Perpetual Wholesale Smaller Co FundAccount Code: PWSCF, Level 19 / 1Castlereagh Street Sydney NSW 2000	RBC Global Services Australia NomineesPty Limited GPO Box5430 Sydney NSW 2000
PMREST	JP Morgan Chase Nominees LimitedACF: Retail Employers Superannuation FundAccount Code: PMREST. RBC Global ServicesAustralia Nominees Pty LimitedLevel 19 / 1 Castlereagh Street Sydney NSW200	JP Morgan Chase Nominees LockedBag 7, Royal Exchange Sydney NSW2000
AMCORP	National Nominees LtdACF: A.M.Corporation Account. Account Code:AMCORP RBC Global Services AustraliaNominees Pty Limited, Level 19 / 1 CastlereaghStreet Sydney NSW 200	National Australia Custodian ServicesA/C ATPFAE 6822 - 16. 5th Floor South271 Collins Street Melbourne VIC 3000
TEL	National Nominees Limited ACF: TelstraSuperannuation Pty LimitedAccount Code:TEL RBC Global Services Australia NomineesPty Limited, Level 19 / 1 Castlereagh StreetSydney NSW 2000	National Australia Custodian ServicesA/C 3093-15 TSPPAE 5th Floor South271 Collins Street Melbourne VIC 3000
PMFR	Westpac Custodian NomineesACF: Frank Russell Investment ManagementAccount Code: PMFR RBC Global ServicesAustralia Nominees Pty Limited Level 19 / 1Castlereagh Street Sydney NSW 2000	Westpac Custodian NomineesState Street Fund BQ8D Level 9 / 50 PittStreet Sydney NSW 2000
PMCPSF	Citicorp Nominees Pty Ltd EPSS03:Commonwealth Property Fund 3 Account Code:PMCPSF. RBC Global Services Australia PtyLtd, Level 19/1 Castlereagh St. Sydney NSW2000	Citicorp Nominees Pty Ltd GPO Box764G Melbourne VIC 3001
PMCGSF	Citicorp Nominees Pty Ltd EASS11:Commonwealth Aust Shares Fund 11Account Code: PMCGSFRBC GlobalServices Australia Pty Ltd Level 19/1Castlereagh St. Sydney NSW 2000	Citicorp Nominees Pty Ltd GPO Box764G, Melbourne VIC 3001
CBAISF	Citicorp Nominees Pty Ltd. EASS04:Commonwealth Aust Shares Fund 4. AccountCode: CBAISF, RBC Global Services AustraliaPty Ltd Level 19/1 Castlereagh St.Sydney NSW 2000	Citicorp Nominees Pty Ltd GPO Box764G, Melbourne VIC 3001
PMWSRF	RBC Global Services Australia Nominees PtyLimitedACF Perpetual's Wholesale Ethical SRI FundAccount Code: PMWSRFLevel 19 / 1 Castlereagh StreetSydney NSW 2000	RBC Global Services Australia NomineesPty Limited GPO Box5430 Sydney NSW 2000
PTGEN	Perpetual Trustee Services General A / CAccount Code: PTGENRBC Global ServicesAustralia Nominees Pty LimitedLevel 19 / 1 Castlereagh Street Sydney NSW2000	RBC Global Services Australia NomineesPty Limited GPO Box 5430,Sydney NSW 2000
PTAL	Perpetual Trustees Australia LimitedAccount Code: PTALRBC Global ServicesAustralia Nominees Pty LimitedLevel 19 / 1 Castlereagh Street Sydney NSW2000	RBC Global Services Australia NomineesPty Limited GPO Box 5430,Sydney NSW 2000

PTQLD	Perpetual Trustee Queensland LimitedAccount Code: PTQLD RBC Global ServicesAustralia Nominees Pty LimitedLevel 19 / 1 Castlereagh Street Sydney NSW2000	RBC Global Services Australia NomineesPty Limited GPO Box 5430,Sydney NSW 2000
PTCO	Perpetual Trustee Co. LimitedAccount Code: PTCO RBC Global ServicesAustralia Nominees Pty LimitedLevel 19 / 1 Castlereagh Street Sydney NSW2000	RBC Global Services Australia NomineeslPty Limited GPO Box 5430,Sydney NSW 2000
PTNM	P.T.A. Nominees Limited ATF: PerpetualTrustees Nominees LimitedAccount Code: PTNM RBC Global ServicesAustralia Nominees Pty LimitedLevel 19 / 1 Castlereagh Street Sydney NSW2000	RBC Global Services Australia NomineesPty Limited GPO Box 5430,Sydney NSW 2000
PTVIC	Perpetual Trustee Victoria LimitedAccount Code: PTNM RBC Global ServicesAustralia Nominees Pty LimitedLevel 19 / 1 Castlereagh Street Sydney NSW2000	RBC Global Services Australia NomineesPty Limited GPO Box 5430,Sydney NSW 2000
PNOM	Perpetual Nominees Pty LimitedRBC Global ServicesAccount Code: PNOMAustralia Nominbees Pty LimitedLevel 19 / 1 Castlereagh Street Sydney NSW2000	RBC Global Services Australia NomineesPty Limited GPO Box 5430,Sydney NSW 2000
PTAN	Perpetual Nominees Limited Account Code:PTAN RBC Global Services AustraliaNominees Pty Limited, Level 19 / 1 CastlereaghStreet Sydney NSW 2000	RBC Global Services Australia NomineeslPty Limited GPO Box 5430,Sydney NSW 2000
PML	Perpetual Management Limited Account Code:RBC Global Services AustraliaPML.Nominees Pty LimitedLevel 19 / 1 Castlereagh Street Sydney NSW2000	RBC Global Services Australia NomineesPty Limited GPO Box 5430,Sydney NSW 2000
PTWA	Perpetual Trustee WA LimitedAccount Code: PTWA RBC Global ServicesAustralia Nominees Pty LimitedLevel 19 / 1 Castlereagh Street Sydney NSW2000	RBC Global Services Australia NomineesPty Limited GPO Box 5430,Sydney NSW 2000
T2	Perpetual Trustee Company LimitedPrivate Client Division)	Perpetual Trustee Company Limited39 Hunter Street, Sydney 2000
T3	Perpetual Trustees Victoria Limited(Private Client Division)	Perpetual Trustee Company Limited39 Hunter Street, Sydney 2000
T4	Perpetual Trustees Queensland Limited(Private Client Division)	Perpetual Trustee Company Limited39 Hunter Street, Sydney 2000
Τ6	Perpetual Trustees WA Limited(Private Client Division)	Perpetual Trustee Company Limited39 Hunter Street, Sydney 2000
Τ7	Perpetual Trustee Company Canberra Limited(Private Client Division)	Perpetual Trustee Company Limited39 Hunter Street, Sydney 2000
DIRECTOR	Perpetual Trustees Australia Limited,Directors Personal Holdings	Perpetual Trustee Company Limited39 Hunter Street, Sydney 2000

PRESENT RELEVANT INTERESTS

参 Summary (Perpetual Trustees)
File
REB (REBEL SPORT LTD)		Portfolios
Paralic	Hind	Holdings
$\mathscr{V}$ ICSC	PM	990,765
৶ PMWSRF	PM	53,319
MWSCM	PМ	933,429
৶ PMWSCS	PM.	1,880,856

CHANGES IN RELEVANT INTERESTS

Account	Security	Quantity	Value	Price	DateAsAt
ICSC	REB	1842	3776	$2.05	16-Jun-03
ICSC	REB	6795	14270	$2.10	17-Jun-03
ICSC	REB	8769	19259	$2.20	20-Jun-03
ICSC	REB	20814	46192	$2.22	24-Jun-03
ICSC	REB	7591	16767	$2.21	25-Jun-03
ICSC	REB	10546	23412	$2.22	26-Jun-03
ICSC	REB	3982	8840	$2.22	27-Jun-03
ICSC	REB	2478	5519	$2.23	30-Jun-03
ICSC	REB	7027	15671	$2.23	01-Jul-03
ICSC	REB	3768	8327	$2.21	02-Jul-03
ICSC	REB	3595	7945	$2.21	03-Jul-03
ICSC	REB	1641	3627	$2.21	04-Jul-03
ICSC				$2.22	09-Jul-03
	REB	37445	83128
ICSC	REB	195043	432995	$2.22	10-Jul-03
ICSC	REB	3919	8574	$2.19	11-Jul-03
ICSC	REB	11076	24758	$2.24	14-Jul-03
ICSC	REB	9924	21796	$2.20	20-Jun-03
ICSC	REB	21013	46634	$2.22	24-Jun-03
ICSC	REB	9087	20072	$2.21	25-Jun-03
ICSC	REB	11384	25272	$2.22	26-Jun-03
ICSC	REB	4423	9819	$2.22	27-Jun-03
ICSC	REB	236047	460292	$1.95	25-Mar-03
ICSC	REB	37348	74323	$1.99	26-May-03
ICSC	REB	1906	3793	$1.99	30-May-03
ICSC	REB	337	671	$1.99	02-Jun-03
ICSC	REB	2728	5429	$1.99	02-Jun-03
ICSC	REB	6157	12252	$1.99	03-Jun-03
ICSC	REB	1649	3282	$1.99	05-Jun-03
ICSC	REB	5046	10042	$1.99	06-Jun-03
ICSC	REB	4213	8384	$1.99	10-Jun-03
ICSC	REB	29526	60209	$2.04	13-Jun-03
ICSC	REB	1927	3950	$2.05	16-Jun-03
ICSC	REB	7954	16703	$2.10	17-Jun-03
ICSC	REB	3488	7768	$2.23	30-Jun-03
ICSC	REB	7924	17672	$2.23	01-Jul-03
ICSC	REB	4048	8946	$2.21	02-Jul-03
ICSC	REB	4119	9103	$2.21	03-Jul-03
ICSC	REB	2963	6548	$2.21	04-Jul-03
ICSC				$2.22	09-Jul-03
	REB	14819	32898
ICSC	REB	224381	498126	$2.22	10-Jul-03
ICSC	REB	12023	26875	$2.24	14-Jul-03
PMWSCM	REB	1323	2924	$2.21	04-Jul-03
PMWSCM	REB	666942	1480611	$2.22	10-Jul-03
PMWSCM	REB	8398	18372	$2.19	11-Jul-03
PMWSCM	REB	5574	11427	$2.05	16-Jun-03
PMWSCM	REB	20492	43033	$2.10	17-Jun-03
PMWSCM	REB	26231	57612	$2.20	20-Jun-03
PMWSCM	REB	62536	138786	$2.22	24-Jun-03
PMWSCM	REB	21993	48579	$2.21	25-Jun-03
PMWSCM	REB					31006 68833 $ 2.22 26-Jun-03This is annexure 3 Page 1 of 2 referred to in Form 603

Title: Notice of initial substantial holder

Signature ____________________________________

PMWSCM	REB	11560	25663	$2.22	27-Jun-03
PMWSCM	REB	6461	14389	$2.23	30-Jun-03
PMWSCM	REB	20002	44608	$2.23	01-Jul-03
PMWSCM	REB	10891	24069	$2.21	02-Jul-03
PMWSCM	REB	10138	22405	$2.21	03-Jul-03
PMWSCM	REB	29882	66794	$2.24	14-Jul-03
PMWSCS	REB	85168	173673	$2.04	13-Jun-03
PMWSCS	REB	5490	11255	$2.05	16-Jun-03
PMWSCS	REB	30168	66973	$2.22	26-Jun-03
PMWSCS	REB	11119	24684	$2.22	27-Jun-03
PMWSCS	REB	763953	1489708	$1.95	25-Mar-03
PMWSCS	REB	69696	138695	$1.99	26-May-03
PMWSCS	REB	94	187	$1.99	30-May-03
PMWSCS	REB	853	1697	$1.99	02-Jun-03
PMWSCS	REB	6903	13737	$1.99	02-Jun-03
PMWSCS	REB	17077	33983	$1.99	03-Jun-03
PMWSCS	REB	22627	50232	$2.22	09-Jul-03
PMWSCS	REB	637605	1415483	$2.22	10-Jul-03
PMWSCS	REB	3331	6629	$1.99	05-Jun-03
PMWSCS	REB	13092	26053	$1.99	06-Jun-03
PMWSCS	REB	12719	25311	$1.99	10-Jun-03
PMWSCS	REB	5452	12142	$2.23	30-Jun-03
PMWSCS	REB	19105	42607	$2.23	01-Jul-03
PMWSCS	REB	10611	23450	$2.21	02-Jul-03
PMWSCS	REB	9614	21247	$2.21	03-Jul-03
PMWSCS	REB	19333	40599	$2.10	17-Jun-03
PMWSCS	REB	25076	55075	$2.20	20-Jun-03
PMWSCS	REB	62337	138344	$2.22	24-Jun-03
PMWSCS	REB	20498	45277	$2.21	25-Jun-03
PMWSCS	REB	28935	64677	$2.24	14-Jul-03
PMWSRF	REB	53319	118368	$2.22	10-Jul-03

This is annexure 3 Page 2 of 2 referred to in Form 603Title: Notice of initial substantial holder

Signature ____________________________________